U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high ...

Oil prices slipped for a second day on Thursday after U.S. crude stockpiles rose more than expected, though attention ...

Q4 2024 Management View CEO Eric Hambly highlighted that Murphy Oil achieved significant debt reduction, decreasing total debt by approximately 60% since 2020, reaching $850 million in net debt by ...

U.S. President Donald Trump's trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive advantage against their U.S. rivals, analysts and market ...

Deb Haaland, who championed conservation and clean energy during her tenure as Interior secretary, is running for the ...

Aside from 25% tariffs coming Saturday, President Trump is also considering tariffs on oil imports from Canada and Mexico.

(Shell), a subsidiary of Shell plc, has started oil production at its Whale floating production platform, the company's 14th deep-water development in the Gulf of Mexico. The start marks the first ...

U.S. October oil production increased by 259 kb/d to 13,457 kb/d. Texas production increased by 55 kb/d in October to 5,855 kb/d a new record high. According to the EIA, New Mexico’s October ...

Shell (SHEL) said Whale, which holds a recoverable resource volume of 480M boe, achieved first oil around seven ... Shell's only U.S. production is in the Gulf of Mexico. Chevron (CVX) said ...

Shell announced the start of production at a new floating facility in the Gulf of Mexico on Thursday ... the equivalent of 100,000 barrels of oil a day at peak output. In total, officials estimate ...

because most operators in the U.S. are [already] optimizing their production today.” In essence, oil is just too cheap to justify more drilling. If prices do go up, companies are likely to tap into ...